Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
In April, Tesla's sales in Europe dropped sharply by 49% year-on-year, despite a 27.8% increase in overall battery-electric vehicle sales across the region, according to data from the European Automobile Manufacturers Association.This marks Tesla's fourth consecutive month of decline, with its market share nearly halved to 0.7% from 1.3% a year ago. The company’s recent Model Y upgrades appear to have done little to restore its image in the region.
Meanwhile, total car sales in the EU, Britain, and EFTA stood at 1.07 million units, down slightly by 0.3% from last year. Electrified vehicles made up 59.2% of all registrations in the EU — up from 47.7% the previous year — with strong growth especially in Spain and Italy. However, Tesla faces growing pressure from Chinese automakers like SAIC Motor and broader discontent around Elon Musk’s political stances. Despite easing U.S.-China trade tensions, uncertainty and tariffs continue to weigh on the global automotive outlook.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parl...
Ukrainian drone strikes reportedly hit an oil depot in Ust-Labinsk and a military site near St. Petersburg, causing a fire but no casualties, accordin...
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Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerba...
The United States has approved the possible sale of five Seahawk maritime helicopters to New Zealand in a deal valued at $1.5 billion, as Wellington m...
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
Ukrainian drone strikes reportedly hit an oil depot in Ust-Labinsk and a military site near St. Petersburg, causing a fire but no casualties, according to local Russian authorities.
In a workshop surrounded by the wreckage of war, workers in Gaza are giving a second life to small leisure boats once used for family outings and swimming trips.
Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday, as Russia blamed Ukraine for the strike.
Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday, as Russia blamed Ukraine for the strike.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations against Iran, describing the report as entirely baseless and demanding a retraction.
More than 6,000 people gathered outside a vote-counting centre in Seoul on Friday night, demanding this week’s local elections be repeated after ballot shortages left some voters unable to cast their ballots.
Armenia will hold parliamentary elections on 7 June 2026, a vote that will shape the country’s political direction for the next five years. Understanding how the electoral system converts votes into parliamentary power is key to following the outcome and its wider regional implications.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
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